Rstn Studies Effects of Rule 144 Change

Summary


NEW YORK (HedgeWorld.com) - Because of the halving of the length of a regulatory holding period, billions of shares of unregistered stock will become saleable in the public market all on the same day, this Friday [Feb. 15].

In a special report released to platform participants, the proprietors of the Restricted Securities Trading Network detailed the range of issuers that are affected by the changes to Securities and Exchange Commission Rule 144, changes approved by the SEC in February.

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Rstn Studies Effects of Rule 144 Change

The RSTN is an online trading platform specifically designed to allow hedge funds and other sophisticated parties to deal in...

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